GitLab gets $268m in series E round

Sep 18, 2019 • Thierry Heles

Existing shareholder Goldman Sachs has co-led a $268m series E round for GitLab that valued the GV-backed software development platform at $2.75bn.

GitLab, a US-based software development platform backed by internet technology conglomerate Alphabet, closed a $268m series E round yesterday co-led by investment bank Goldman Sachs and multi-family office Iconiq Capital.

Y Combinator took part in the round through its Continuity Fund and was joined by Adage Capital Management, Alkeon Capital, Altimeter Capital, Coatue Management, D1 Capital Partners, Franklin Templeton, Light Street Capital, Tiger Global Management and Two Sigma Ventures.

Founded in 2014, GitLab provides a development and operations platform that…

Thierry Heles

Thierry Heles is the former editor-at-large of Global University Venturing and Global Corporate Venturing, and was the producer and host of the Beyond the Breakthrough podcast until December 2024.

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